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§ 3004.2. State Use Advisory Council Revolving Fund

Oklahoma Statutes AnnotatedTitle 74. State GovernmentEffective: November 1, 2022

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 48. State Use Advisory Council
Effective: November 1, 2022
74 Okl.St.Ann. § 3004.2
§ 3004.2. State Use Advisory Council Revolving Fund
There is hereby created in the State Treasury a revolving fund for the Office of Management and Enterprise Services to be designated the “State Use Advisory Council Revolving Fund”. The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all proceeds from the management fee or levy on contracts for purchases of products or services of people with significant disabilities, as provided in Section 3004.1 of this title. The fund shall be invested in any of the types of instruments in which the State Treasurer is authorized by law to invest. Interest earned shall be retained by the fund. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the Office of Management and Enterprise Services for the salary and other administrative expenses of the buyer and clerical and technical support in the Central Purchasing Division of the Office of Management and Enterprise Services responsible for contracts for the products and services of people with significant disabilities and expenses the Office incurs to support State Use operations including services of the Centralized Non-Profit Agency (CNA). Expenditures from the fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment.

Credits

Laws 1993, c. 175, § 3, emerg. eff. May 10, 1993; Laws 1996, c. 322, § 5, emerg. eff. June 12, 1996; Laws 2003, c. 372, § 13, eff. July 1, 2003; Laws 2004, c. 404, § 4, eff. Nov. 1, 2004; Laws 2012, c. 304, § 1002; Laws 2022, c. 252, § 6, eff. Nov. 1, 2022.
74 Okl. St. Ann. § 3004.2, OK ST T. 74 § 3004.2
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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